Ionia Multi-Unit Brick
For Sale
$225,000
302 W Lincoln Avenue, Ionia, MI 48846
MULTI_FAMILY - Ionia, MI
Lot Size0.26 Acres
Days on Market162
Property Features for 302 W Lincoln Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
5
Full bathrooms
2
Rooms
Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2
Parking
2
Parking features
Paved or Surfaced
Basement
Full
Lot features
Level, Sidewalk, Corner Lot
Elementary school district
Ionia
Middle school district
Ionia
High school district
Ionia
Directions
From M-21, continue west as it becomes Lincoln Ave. Property is located on the north side of the street at the corner. From M-66, turn west onto Lincoln Ave to property on the north side at the corner.
Standard status
Active
APN
201-150-000-055-00
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CITY OF IONIA C. LOVELLS ADDITION S 7RDS OF W 1RD OF LOT 3 & S 7RDS LOT 4 OF SAME ADD EXCEPT THE WEST 33 FEET OF THE SOUTH 115 FT OF LOT 4
Tax Annual Amount
3516
Legal Description
CITY OF IONIA C. LOVELLS ADDITION S 7RDS OF W 1RD OF LOT 3 & S 7RDS LOT 4 OF SAME ADD EXCEPT THE WEST 33 FEET OF THE SOUTH 115 FT OF LOT 4
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Building Details
Year built
1920
Number of units
2
Building materials
Brick, Wood Siding
Roof type
Metal
Listing Agency:
Five Star Real Estate (Ada)
(616) 425-7600
Listed By:
Justin W Hendrick
(616) 914-9707
Added: Feb 20
Changed: Jul 25
Last Checked: Aug 1 at 6:06AM
MLS# 26006257
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Investment Insights
Based on property information with market context.
This solid brick, two-unit property is situated on a corner lot in the City of Ionia. The well-maintained property offers immediate rental income and a solid investment opportunity. The lower unit features 2 bedrooms and 1 full bath, while the upper unit offers 3 bedrooms and 1 full bath. The upper unit has been recently remodeled, including new windows and a fully updated bathroom. Additional improvements include a new boiler system, updated electrical, and new flooring installed in both units. The brick exterior offers durability and timeless appeal, and the corner lot provides added visibility and natural light. The property is located on a 0.26-acre lot. Altogether, this duplex offers functional updates and long-term potential.
Key Highlights
- Solid brick duplex on a corner lot in the City of Ionia
- 2 units: lower unit has 2 bedrooms/1 full bath; upper unit has 3 bedrooms/1 full bath
- Upper unit recently remodeled with new windows and a fully updated bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 48846, MI
22,470
Population
7,597
Households
3
Avg Household Size
38
Median Age
12%
College-Educated
88%
High-School Grad
110.6 sq mi
ZIP Area
203
Density / Sq Mi
$66,717
Median Household Income
$37,858
Median Earnings
$804
Median Rent
$172,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with recent updates and immediate rental income.
Where is this duplex located?
The property is located at 302 W Lincoln Avenue Ionia, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Solid brick duplex on a corner lot in the City of Ionia; 2 units: lower unit has 2 bedrooms/1 full bath; upper unit has 3 bedrooms/1 full bath; Upper unit recently remodeled with new windows and a fully updated bathroom
